Carlos Slim Helu

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Name
Carlos Slim Helu
Net Worth
102 Billion USD
Birth Date
28 January 1940
Age
84
Country
Mexico
City
Mexico City
Business
Telecom
Organization
América Móvil
Position
Honorary Chairman

Carlos Slim Helu, born on January 28, 1940, in Mexico City, Mexico, is a Mexican billionaire entrepreneur known for his extensive business empire and philanthropic endeavors. Slim frequently ranks among the wealthiest individuals globally, with significant investments spanning telecommunications, infrastructure, real estate, and finance.

Slim's career began in the 1960s when he started acquiring and revitalizing struggling businesses in Mexico. He focused on sectors like construction, mining, and real estate before expanding into telecommunications. In the 1990s, he acquired a stake in Telmex, Mexico's national telephone company, and later transformed it into América Móvil, Latin America's largest mobile-phone carrier.

América Móvil's expansion across Latin America solidified Slim's position as a key player in the telecommunications industry. His strategy emphasized providing affordable mobile and internet services to millions, driving connectivity and economic development in the region. América Móvil operates in several countries and continues to dominate market share in many.

Apart from telecommunications, Slim's business interests include Grupo Carso, a conglomerate with holdings in retail, healthcare, construction, and mining. His real estate arm, Inmobiliaria Carso, develops and manages commercial and residential properties across Mexico.

Slim is known for his frugal lifestyle and business philosophy centered on long-term investment and asset accumulation. Despite his vast wealth, he maintains a low profile and is noted for his strategic acquisitions and management style, which focus on operational efficiency and profitability.

In addition to his business success, Slim is active in philanthropy through the Carlos Slim Foundation. The foundation supports initiatives in healthcare, education, arts and culture, and social development, aiming to improve the quality of life for Mexicans and others globally.

Carlos Slim Helu's impact on business and philanthropy in Mexico and beyond underscores his influence as a transformative figure in telecommunications and economic development. His strategic vision and commitment to social responsibility have shaped industries and communities, making him a prominent leader in the global business landscape.

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